813 Water St. & 11 Argyle Street, Peterborough, ON K9H 3N7
- $1,673,900
- 10
- BD
- 7
- BA
- List Price
- $1,673,900
- MLS#
- X13430648
- Status
- ACTIVE UNDER CONTRACT
- Type
- Multifamily
- SubType
- Multiplex
- Style
- 2-Storey
- Bedrooms
- 10
- Bathrooms
- 7
- Living Area
- 5000 +
- Province
- ON
- Municipality
- Peterborough
- Area
- Peterborough
- Neighborhood
- Northcrest Ward 5
- Subdivision
- Water St & Argyle St.
Property Description
Well-maintained 7-unit apartment building landmark investment opportunity available in central Peterborough location. Two buildings which include 7 individual apartments, each with their own entrances, hydro meters, fridges, and stoves. 2-car detached garage and large paved circular drive. 4,125 Sq. Ft building and 3,552 Sq. Ft. building included in this offer. 813 Water St has an updated roof. Current apartment setup for these buildings is 4 x 1-bedroom units, 2 x 2-bedroom units, and 1 x 4-bedroom unit. Excellent investment opportunity that is situated on a large level .65-acre lot with development potential/ space for additional units to be built.(Rent Amounts - Apt 1 - $1,625, Apt 2 - $1,250, Apt 3 - $1,625, Apt 4 - $1,300 + 4 Bedroom - $2,700, 813A - $1,300, 820 - $1,150). Great investment opportunity with strong gross income potential of $132,600.
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Additional Information
- Taxes
- $12,589
- Heat Type
- Baseboard
- Heat Source
- Electric
- Air Conditioning
- Central Air
- Family Room
- Yes
- Kitchens
- 7
- Exterior
- Brick
- Garage Spaces
- 2
- Garage Type
- Detached
- Pool
- None
- Parking Spaces
- 11
- Parking Type
- Circular Drive, Private, Reserved/Assigned
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Listing courtesy of RE/MAX HALLMARK EASTERN REALTY.